Why is Canada an excellent choice for doing business?
- It offers low cost, high quality skilled workers.
- Canada and the United States are each other's most important trade partners. They also have the largest-ever trading partner relationship to exist between two nations.
- Border crossings are secure and efficient.
- Canada is an ideal export and investment destination for American companies looking for the marketplace most similar to their own.
- Trade with Canada contributes significantly to the United States economy.
Action Steps
The best contacts and resources to help you get it done
Scope the market
Check to see market conditions and competition in your niche.I recommend: Try The Federation of International Trade Associations (FITA) for a quick study on market access, practical information, economic indicators, market research, country risk, doing business, taxes, the labor market, media and other useful topics. The government of Canada provides comprehensive information on investing, buying and selling for foreign companies.
Move your goods across the border quickly
The Free and Secure Trade (FAST) program is a joint initiative involving the Canada Border Services Agency and the United States Customs and Border Protection to help companies move pre-approved eligible goods across the border quickly.I recommend: Apply for the FAST program online.
Win a Canadian government contract
The government accepts bids from US companies online via the MERX system.I recommend: Visit the MERX site to get into the bidding.
Get help from the US government
The U.S. Commercial Service Canada can connect you with partners and help make arrangements to set up shop in Canada.I recommend: Contact the Commercial Service.
Cover the legal angles
Understand Canadian incorporation, taxation, investment and employment laws. For instance, the government reviews all foreign investment to determine if it is likely to be of "net benefit" to Canada.I recommend: Canadian law firm Gowling Lafleur Henderson created a legal guide for American companies doing business in Canada.
Tips & Tactics
Helpful advice for making the most of this Guide
- The 2010 Olympics in Vancouver are opening a market for American companies for construction, security and food services. The U.S. Commercial Service can help connect you to the opportunities.
the Market Research Firms in Canada page at Business.com
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